Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Ausprime Pros & Cons
- License issued by CySEC (Cyprus).
- Trading conditions are largely unavailable on the broker’s website.
TU Expert Verdict
Ausprime demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
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Ausprime User Reviews
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5-star
0%
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4-star
0%
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3-star
20%
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2-star
20%
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1-star
60%
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Commissions and Fees
Score:We evaluate brokers' fees and spreads by assessing the costs associated with Standard and ECN/Raw spread accounts, including commissions and spreads. Additionally, our evaluation considers extra fees such as deposit/withdrawal charges and inactivity fees. Learn the assessment criteria8 /10The trading and non-trading commissions of Ausprime have been analyzed and rated as having Low fees, with a fees score of 8/10. Additionally, these commissions were compared with those of the top two competitors, ZForex and OANDA, to provide the most comprehensive information.
- Low Forex trading fees
- Tight EUR/USD market spread
- No inactivity fee
- No deposit fee
- No withdrawal fee
- Complex fee structure
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Is Ausprime Safe?
Score:We evaluate brokers' safety based on several key criteria. The highest value is placed on regulation, especially Tier 1 regulation, which ensures adherence to stringent standards set by top financial authorities like the FCA in the UK, CFTC in the US, CySEc and BaFin (EU) or ASIC (Australia). High scores are also given for participation in investor protection funds, which safeguard clients' funds in case of broker insolvency. Learn the assessment criteria9 /10Ausprime has a safety score of 9/10, which corresponds to a High security level. The safest brokers are those with Tier-1 regulation, a long history (over 10 years in the market), and participation in investor compensation schemes.
- Tier-1 regulated
- Track record over 13 years
- No negative balance protection
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Account Types
Score:We evaluate a broker’s account offering by analyzing the range and suitability of available account types and how effectively they cater to different trader profiles and strategies. Our assessment covers the diversity of account options — including Standard, ECN/Raw, Cent, Swap-Free (Islamic), and VIP accounts — as well as the flexibility of trading conditions provided. Learn the assessment criteria.0 /10Ausprime offers the following account options: Standard, ECN/Raw spread.
However, it does not provide a Cent account, which can be a disadvantage for beginners looking to practice with minimal risk.
- Tight spread ECN account
- Standard account with balanced trading conditions
- Low minimum deposit
- No Swap Free account
- Micro lots are not available
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Deposit and Withdrawal
Score:This section assesses the efficiency, speed, and affordability of brokers’ transaction processes, focusing on available methods, currencies, and fees. For further details, please refer to our data-focused methodology5 /10Ausprime received a Medium score for the efficiency and convenience of its deposit and withdrawal processes.
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Markets and Tradable Assets
Score:The evaluation in this section is based on the TU methodology and reflects the total number and variety of tradable assets offered by the broker, including Forex currency pairs. It also considers the availability of passive income tools such as PAMM accounts, copy trading, and similar services. All information is obtained from publicly available sources and may change. Learn the assessment criteria6 /10Ausprime provides a standard range of trading assets in line with the market average. The platform includes 600 assets in total and 70 Forex currency pairs.
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Trading Account Opening
We successfully registered an account with Ausprime in 20 minutes. The KYC verification was completed within 2 business days. The minimum deposit amount at Ausprime is $20000.Score:We evaluated Trading Account Opening at Ausprime by testing the registration process under real conditions, including opening an account and funding it with the minimum required deposit (but no less than $100). Our assessment considered whether onboarding was fully online, the average registration time, the speed of KYC verification, and how quickly traders could activate their accounts. Learn the assessment criteria.5 /10The onboarding procedure works as expected, although there is room for improvement in speed and simplicity.
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Trading platforms & tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn the assessment criteria2.8 /10Ausprime received a score of 2.8/10, indicating a limited selection of trading platforms and tools. This reflects the absence of advanced platform options or a lack of additional features that could enhance the overall trading experience.
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Mobile Apps
Score:This section assesses the quality and functionality of the broker’s mobile trading apps. It takes into account app ratings, number of downloads, platform features such as two-factor authentication (2FA), mobile alerts, and technical indicators, ensuring traders can manage positions and monitor markets effectively from their smartphones. Learn the assessment criteria2 /10 -
Customer Support
Score:We evaluated Customer Support at Ausprime by opening a real account funded with the minimum required deposit (no less than $100) and contacting support to measure response time under real conditions. Our assessment considered contact channels, response speed, multilingual support, and availability hours. Learn the assessment criteria3.8 /10
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FAQs
How secure is trading with Ausprime in terms of regulation and client protection?
Ausprime has a safety score of 9/10 and is regulated by the Cyprus Securities and Exchange Commission (CySEC), which is classified as Tier-1 regulation in this review. Client funds may be covered by an investor protection fund up to €20,000, but the broker does not offer negative balance protection, which is noted as a disadvantage.
What trading account types does Ausprime provide and what are their main limitations?
Ausprime offers Standard and ECN/Raw spread accounts, with the ECN option described as having tight spreads and the Standard account offering balanced trading conditions. However, it does not provide Cent, Micro, Swap Free, Demo, VIP, or managed accounts, which may limit options for beginners and more specialized traders.
What do Ausprime user reviews say about overall satisfaction with the broker’s services?
Ausprime has a user satisfaction score of 3.2/10 based on 5 reviews, with 60% of ratings at 1 star and no 4- or 5-star reviews. According to user reviews, overall sentiment is mostly negative, with only a small portion of users giving neutral (3-star) or slightly negative (2-star) ratings.
How do traders describe the Ausprime account opening process in their feedback?
The account opening process at Ausprime is fully online, with registration taking about 20 minutes and KYC verification completed in 2 business days in this review. The minimum deposit is stated as $20,000, and while the procedure works as expected, feedback notes that both registration and approval may take longer than some traders might prefer.
What do reviews and testing say about Ausprime’s customer support quality?
Ausprime’s customer support has a safety score of 3.8/10, with testing indicating delays in replies and limited depth of assistance. The review notes that traders who depend heavily on support may experience inconvenience due to slower response times and the need for repeated contact.
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